600053 Stock | | | 15.30 0.06 0.39% |
Kunwu Jiuding financial indicator trend analysis is infinitely more than just investigating Kunwu Jiuding Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kunwu Jiuding Investment is a good investment. Please check the relationship between Kunwu Jiuding Accounts Payable and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunwu Jiuding Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kunwu Jiuding Investment Accounts Payable account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kunwu Jiuding's Accounts Payable and Other Assets is -0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Kunwu Jiuding Investment, assuming nothing else is changed. The correlation between historical values of Kunwu Jiuding's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kunwu Jiuding Investment are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Kunwu Jiuding's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Kunwu Jiuding obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kunwu Jiuding Investment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Assets
Most indicators from Kunwu Jiuding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kunwu Jiuding Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kunwu Jiuding Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 149.7
M, whereas
Tax Provision is projected to grow to (7.6
M).
Kunwu Jiuding fundamental ratios Correlations
Click cells to compare fundamentals
Kunwu Jiuding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kunwu Jiuding fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Kunwu Stock
Balance Sheet is a snapshot of the
financial position of Kunwu Jiuding Investment at a specified time, usually calculated after every quarter, six months, or one year. Kunwu Jiuding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kunwu Jiuding and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kunwu currently owns. An asset can also be divided into two categories, current and non-current.